Concrete and Cement Market Size, Share, and Outlook, 2025 Report- By Product (Rapid Hardening Cement, Low Heat Cement, White Cement, Hydrophobic Cement, Others), By End-User (Transport, Residential, Commercial), 2018-2032

Concrete and Cement Market Outlook

Concrete and Cement Market Size is forecast to reach $1965 Billion in 2032 from $1240.9 Billion in 2025, at an optimistic growth rate of 6.7% from 2025 to 2032. The robust Concrete and Cement Market growth presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Concrete and Cement Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Product (Rapid Hardening Cement, Low Heat Cement, White Cement, Hydrophobic Cement, Others), By End-User (Transport, Residential, Commercial). Over 70 tables and charts showcase findings from our latest survey report on Concrete and Cement Markets.

Concrete and Cement Market Insights, 2025: Concrete and Cement: Key Drivers and Opportunities

The concrete and cement market is primarily driven by the global construction boom, with rising urbanization, infrastructure development, and residential construction contributing to strong demand for these materials. Cement is the key binding agent in concrete, which is used in everything from buildings to roads, bridges, and dams. The global emphasis on sustainable construction has sparked interest in green cement, which reduces carbon emissions during production and offers improved durability. The need for more resilient and energy-efficient structures in the face of climate change has driven innovation in cement and concrete technologies, leading to the development of self-healing concrete, high-strength concrete, and eco-friendly alternatives.

Opportunities in this market are closely aligned with the growing trend of eco-conscious building materials and techniques. The rise of green building certifications like LEED and BREEAM has encouraged the use of low-carbon and sustainable concrete solutions. Additionally, innovations such as the incorporation of recycled aggregates, industrial by-products (like fly ash and slag), and alternative binding materials into cement production are driving the market towards more sustainable options. The construction of megacities, particularly in developing regions, is a significant opportunity for cement producers to supply materials for large-scale infrastructure projects. Furthermore, advancements in 3D printing technology are creating new opportunities for concrete manufacturers to provide innovative solutions in the construction of complex structures.

Five Trends that will define global Concrete and Cement Market in 2025 and Beyond

A closer look at the multi-million global market for Concrete and Cement Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Concrete and Cement Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Concrete and Cement Industry?

The Concrete and Cement Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Concrete and Cement Market Segment Insights

The Concrete and Cement Industry presents strong offers across categories. The analytical report offers forecasts of Concrete and Cement Industry performance across segments and countries. Key segments in the industry include- By Product (Rapid Hardening Cement, Low Heat Cement, White Cement, Hydrophobic Cement, Others), By End-User (Transport, Residential, Commercial). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Concrete and Cement Market size outlook is provided for 22 countries across these regions.

Concrete and Cement Industry Value Chain

The chapter identifies potential companies and their operations across the global Concrete and Cement Industry ecosystem. It assists decision-makers in evaluating global Concrete and Cement Market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Concrete and Cement Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Concrete and Cement Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Concrete and Cement Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Concrete and Cement Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Concrete and Cement Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Concrete and Cement Market Insights- Executives are most excited about opportunities for the US Concrete and Cement Industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Concrete and Cement Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Concrete and Cement Market.

Latin American Concrete and Cement Market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Concrete and Cement Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Concrete and Cement Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Concrete and Cement Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Concrete and Cement Companies outcompete in 2025 and Beyond?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Adani Group, Adelaide Brighton Ltd, BGC PTY Ltd, Buzzi Unicem SpA, Cementir Holding NV, CEMEX SAB de CV, China National Building Material Co. Ltd, CRH Plc, Fletcher Building Ltd, Fomento de Construcciones y Contratas SA, HeidelbergCement AG, Holcim Ltd, JK Cement Ltd, Mitsubishi Cement Corp, Nippon Steel Cement Co Ltd.

Concrete and Cement Market Scope and Segmentation

By Product

Rapid Hardening Cement

Low Heat Cement

White Cement

Hydrophobic Cement

Others

By End-User

Transport

Residential

Commercial

Countries Included-

North America- US, Canada, Mexico

Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe

Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC

South and Central America- Brazil, Argentina, Chile, Rest of SCA

Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa

Companies Included in the Concrete and Cement Market Research-

Adani Group

Adelaide Brighton Ltd

BGC PTY Ltd

Buzzi Unicem SpA

Cementir Holding NV

CEMEX SAB de CV

China National Building Material Co. Ltd

CRH Plc

Fletcher Building Ltd

Fomento de Construcciones y Contratas SA

HeidelbergCement AG

Holcim Ltd

JK Cement Ltd

Mitsubishi Cement Corp

Nippon Steel Cement Co Ltd

Reasons to Buy the report

• Make informed decisions through long and short-term forecasts across 22 countries and segments.
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• Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
• Get an integrated understanding of the entire market ecosystem and companies.
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